Notable profits for the buyer who lifted the $7.64 offer for 12,563 Microsoft (MSFT) 3/24 weekly 260 puts yesterday at 12:50ET when underlying shares were trading at $257.68. Shares closed at $256.87, and the puts at $7.91 for a mark-to-market profit of 3%, or $330K, on the $9604K outlay.
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Published first on TheFly
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